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Results (10,000+)
Bryson Rajendran How to Find Commercials Deals Besides Relying on Brokers
13 July 2024 | 24 replies
What are some ways to find leads besdies relying on brokers?
Jorge F Rodriguez Renting vs Selling
16 July 2024 | 12 replies
Mortgage, Taxes, Insurance, HOA: $3040.37Estimated rent: $2475Total Expenses: $3660.12Vacancy (5%): $123.75Repairs (5%): $123.75Capital Expenditures: $100Property Management (11%): $272.25Information when I bought the house in 2022, new constructions Purchase Price: $373000Purchase Closing costs: $4662Current home value: 400k-420kCash Flow: $2475-$3660.12= -$1185.12; -$71107.2 at 5 yearsCash on Cash Return on Investment (CoCROI): 0%Appretiation per year (6%); $535,290.23 at 5 yearsEquity: Loan value $345,089.53 at 5 years; $190,200.47 in equity at 5 yearsLoan Value today 6/2024: $368,201.59Total ROI in 5 years= (Total profit/Total Invested capital)/ Time (in years); Total profit: $190,200.47Total Invested: $71107.2 (neg cash flow) + $42757 (closing sale costs)= $113,864.20Total ROI (5 years)= ROI 67%, annualized ROI 10.8%My biggest concern is that I am relying solely on appreciation and assuming will appreciate at 6% per year. 
Yolanda Martinez Need advice from house flippers. Steps for flipping
17 July 2024 | 18 replies
Bottom line:  Professional flippers don't rely on getting deals closed in 2 months unless it's a property that only needs paint, flooring,.... no permits.
Mitesh Patel Need help in evaluating quote
16 July 2024 | 9 replies
(I'm not an electrician so I rely on others for this info) I'd ask the electrician to look at the appliances in your unit to make sure the electrical supplies from the new box to the unit will be safe.
Mary Jay What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)
15 July 2024 | 5 replies
This makes more sense to us than relying strictly on  rigid yes or no criteria where any negative  disqualifies a candidate entirely.Some criteria is weighted more heavily and can overcome negatives. 
Glen Friedman Fund That Flip (FTF) - 87% LOSS - be careful
16 July 2024 | 15 replies
We received multiple offers and while we are unsatisfied with the loss of principal, we believe we received the best offer available.Explanation of the OutcomeThe percentage of loss on this project is atypical as are the circumstances that caused it.As a way of background, we rely on professional third-party inspection firms to visit each property and report on the status of the renovation.
Brian Jasinski Rent Increase Etiquette?
15 July 2024 | 4 replies
Otherwise, you have nothing to rely on in the worst case of going to court.
Adrian Jones FSBO vs Using an Agent
16 July 2024 | 15 replies
Sellers do not know the process, rely on the goog and interwebs to tell them step by step what should be happening.
Stuart Udis Attention New Investors - Asset Protection Simplified
15 July 2024 | 26 replies
Similarly, make sure all of these transaction participants maintain adequate insurance and list you, the property owner and any intermediary as additional insured.If you rely on an intermediary relationship (most commonly a General Contractor or Property Manager), understand the authority granted in any agreement you execute to act on your behalf.Review the indemnification provisions in any service agreement ensuring the standard of care will not preclude insurance coverage and the provision is equitable.To recap, it’s not necessary to form a land trust, separate management LLC’s or form entities in specific states believing you will hide in the cloaks of secrecy.
Saeed J. Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
Small towns may rely too much on a single business or market segment.